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European Commission Spokesman's Briefing for 97-02-17

Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article

From: EUROPA, the European Commission Server at <http://europa.eu.int>

MIDDAY EXPRESS

News from the Spokesman's midday briefing

Nouvelles du rendez-vous de midi du Porte-Paroleb

17/02/97


CONTENTS / CONTENU

  • [01] Commission approves the acquisition by KNP group of two paper merchants in Germany and Italy
  • [02] Christos Papoutsis says that without the active Russian participation the Energy Charter Treaty would be a "meaningless instrument"

  • [01] Commission approves the acquisition by KNP group of two paper merchants in Germany and Italy

    The European Commission has decided to approve a concentration by which the Dutch paper and packaging company NV Koninklijke KNP BT ("KNP BT") acquires from UK's Bunzl group two graphic paper distribution subsidiaries, being the German Wilhelm Seiler GmbH and the Italian Bunzl Italia SpA. The Commission found that KNP BT's increasing market position both in Italy and Germany is not likely to result in a dominant position on those markets, since other distributors as well as paper producers will ensure sufficient competition.

    [02] Christos Papoutsis says that without the active Russian participation the Energy Charter Treaty would be a "meaningless instrument"

    "The ratification of the Energy Charter Treaty by the Russian Federation is of utmost importance" stressed today in Moscow Energy Commissioner Christos Papoutsis. The Commissioner made this point addressing a seminar on the Energy Charter Treaty, which is organised in Moscow for the Members of the Russian Federal Assembly (Duma). The Commissioner said that the Treaty "is a model for East-West cooperation based on the principles of market economy, non-discrimination and mutual assistance" and expressed the belief that "all parties involved, particularly the Russian Federation and the European Union would dramatically benefit from it". Mr Papoutsis emphasised the importance attached by the European Union to an early ratification of the Treaty, so that its implementation could start, and said that "without the active participation of the Russian Federation the Energy Charter would be a meaningless instrument".

    MIDDAY EXPRESS


    From EUROPA, the European Commission Server at http://europa.eu.int/
    © ECSC - EC - EAEC, Brussels-Luxembourg, 1995, 1996


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